Space for rent: Industry operators have benefitted from significant growth in construction activity

Operators in the Commercial Leasing industry in New Jersey serve as lessors of nonresidential buildings. Industry operators include owner-lessors of nonresidential buildings, establishments that rent real estate and then act as lessors in subleasing it to others, and establishments that provide full-service office space. Industry operators have benefitted from significant growth in construction activity over the five years to 2018, specifically the nonresidential construction market. As construction activity increases, so does the potential for building owners to lease their newly constructed buildings. Over the five years to 2018, the value of private nonresidential construction in New Jersey has increased at an annualized rate of 8.5%...purchase to read more.

Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 13-18
1.1%
Forecast Growth 18-23
Profit
Employment
19,155
Businesses
15,609

Industry Threats & Opportunities

  • As construction activity increases, so does the potential for owners to lease their newly constructed buildings
  • Additional Insights for the Commercial Leasing in New Jersey Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Commercial Leasing in New Jersey Industry are

  • Financial structure of the company
  • Good project management skills
  • Management of a high quality assets portfolio
  • IBISWorld analysts also discuss how external factors such as Number of Businesses in New Jersey and Investor uncertainty in the Commercial Leasing in New Jersey industry impact industry performance..

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    What's in this report

    What is the Commercial Leasing in New Jersey Industry?

    Operators in this industry serve as lessors of buildings that are not used as residences or dwellings. Industry participants include owner-lessors of nonresidential buildings, establishments that rent real estate and then act as lessors in subleasing it to others, and establishments that provide full-service office space. This industry excludes general warehousing and storage companies, such as self-storage businesses.

    Industry Products
  • Renting Office Buildings
  • Renting Commercial Buildings
  • Renting industrial buildings
  • Renting other nonresidential properties
  • Property management and sales
  • Industry Activities
  • Renting or leasing office property
  • Renting or leasing property
  • Renting or leasing industrial property
  • Renting or leasing arena, convention or stadium property
  • Similar Industries
  • Public Storage & Warehousing
  • Specialized Storage & Warehousing
  • Apartment Rental
  • Property Management
  • Apartment Rental in California
  • Commercial Leasing in California
  • Storage & Warehouse Leasing in California
  • Apartment Rental in New York
  • Commercial Leasing in New York
  • Storage & Warehouse Leasing in New York
  • Apartment Rental in Illinois
  • Commercial Leasing in Illinois
  • Commercial Leasing in Texas
  • Apartment Rental in Texas
  • Apartment Rental in Florida
  • Commercial Leasing in Florida
  • Apartment Rental in Massachusetts
  • Commercial Leasing in Massachusetts
  • Commercial Leasing in Ohio
  • Apartment Rental in Ohio
  • Apartment Rental in Pennsylvania
  • Commercial Leasing in Pennsylvania
  • Apartment Rental in New Jersey
  • Commercial Real Estate in New Jersey
  • Apartment Rental in Georgia
  • Commercial Leasing in Georgia
  • Commercial Real Estate in Georgia
  • Apartment Rental in Michigan
  • Commercial Leasing in Michigan
  • Commercial Real Estate in Michigan
  • Apartment Rental in Wisconsin
  • Commercial Leasing in Wisconsin
  • Commercial Real Estate in Wisconsin
  • Apartment Rental in Washington
  • Commercial Leasing in Washington
  • Commercial Real Estate in Washington
  • Apartment Rental in Virginia
  • Commercial Leasing in Virginia
  • Apartment Rental in Tennessee
  • Commercial Leasing in Tennessee
  • Apartment Rental in Missouri
  • Commercial Leasing in Missouri
  • Apartment Rental in North Carolina
  • Commercial Leasing in North Carolina
  • Storage & Warehouse Leasing in North Carolina
  • Apartment Rental in Minnesota
  • Commercial Leasing in Minnesota
  • Commercial Real Estate in Minnesota
  • Apartment Rental in Maryland
  • Commercial Leasing in Maryland
  • Commercial Real Estate in Maryland
  • Apartment Rental in Colorado
  • Commercial Leasing in Colorado
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of Businesses in New Jersey
  • Investor uncertainty
  • Unemployment rate in New Jersey
  • Prime rate
  • Corporate profit
  • Office rental vacancy

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Commercial Leasing in New Jersey Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing
  • Wholesale Trade
  • Retail Trade
  • Finance and Insurance
  • Retirement & Pension Plans
  • Accommodation and Food Services
  • Public Administration

  • Key Selling Industries
  • Construction
  • Finance and Insurance
  • Property Management
  • Real Estate Sales & Brokerage
  • Utilities

  • Products & Services
  • Renting Office Buildings
  • Renting Commercial Buildings
  • Renting industrial buildings
  • Renting other nonresidential properties
  • Other
  • Property management and sales
  • Chart: Commercial Leasing in New Jersey Industry Products and Services Segmentation

  • Major Markets
  • Renting Office Buildings
  • Renting Commercial Buildings
  • Renting industrial buildings
  • Renting other nonresidential properties
  • Chart: Major Market Segmentation for the Commercial Leasing in New Jersey Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Commercial Leasing in New Jersey

  • Basis of Competition
    Barriers to Entry
    CBRE Group Inc., Colliers International Property Consultants Inc., Cushman & Wakefield Inc., Jones Lang LaSalle Inc.,
  • Table: CBRE Group Inc. - financial performance
  • Table: Colliers International Property Consultants Inc. - financial performance
  • Table: Cushman & Wakefield Inc. - financial performance
  • Table: Jones Lang LaSalle Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Commercial Leasing in New Jersey Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Commercial Leasing in New Jersey Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Number of businesses (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Class A Building
  • A commercial office building that commands the highest rent due to the attractiveness and prestige associated with its location, tenancy, amenities and overall desirability.
  • Funds From Operations (Ffo)
  • A measurement used to define cash flow from operations for REITs and calculated by adding depreciation and amortization expenses to earnings.
  • Leadership In Energy And Environment Design (Leed)
  • An environmental building certificate program established under the US Green Building Council that certifies buildings meet energy-efficiency and green requirements.
  • Leverage
  • The amount of debt used to finance a firm's assets. A firm that has a higher level of debt than equity is considered to be highly leveraged.
  • Loan-To-Value Ratio (Ltv)
  • A ratio used to determine how much of a property is being financed or leveraged. For example, a $100,000 house with a mortgage of $80,000 has an LTV ratio of 80.0%.
  • Occupancy Rate
  • The rate of available spots at a center or a building that are filled. A rate of at least 70.0% is necessary for a center to be profitable.
  • Real Estate Investment Trust (Reit)
  • A legal entity that uses pooled investor capital to purchase and manage income property or mortgage loans. To qualify as a REIT, the entity must distribute at least 90.0% of taxable income.
  • Vacancy Rate
  • The amount of real estate space unoccupied as a percentage of total available space.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Commercial Leasing in New Jersey can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

    IBISWorld industry market research reports enable you to:
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    This report on Commercial Leasing in New Jersey:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Commercial Leasing in New Jersey market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Commercial Leasing in New Jersey, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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